What is cryptocurrency?

in #cryptocurenncy6 years ago

Basically, we have Bitcoin, which was invented for a purpose other than becoming a currency. Its creator, known as Satoshi Nakamoto, originally wanted to provide an electronic cash peer-to-peer system, with one idea in mind: decentralization. Decentralization means here: no server, and no central authority, as announced in 2009 Nakamoto. Before him, many have tried but none had succeeded. He succeeded thanks to decentralization mainly. Each network entity works for the network.
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